Search For "marine insurance"
Iran conflict amplifies insurance risk, but losses likely manageable: Mood
Updated : 2 months, 1 week ago IST
Insurers and reinsurers that provide coverage of complex risks such as marine, aviation and political violence are likely to face outsized claims as a result of the ongoing Iran conflict, said Moody's Ratings.
Read More
What Is The Basis Of Valuation In Marine Insurance?
Updated : 7 months ago IST
New Delhi [India], October 18: After months of negotiation with an overseas client, you have locked in the best price for your product and are now exporting your goods via sea route. However, a few days after the voyage, a storm hits, and all your cargo is damaged beyond recovery. Since you
Read More
What is time policy in marine insurance?
Updated : 7 months, 2 weeks ago IST
New Delhi [India], October 7: You run a successful import-export business, and a large shipment of valuable goods is set to sail across international waters. However, the unpredictability of the sea lingers in your mind. What if a storm damages the cargo? What if your ship faces an accident?
Read More
What Is 'Jettison' and How Is It Covered in Marine Insurance?
Updated : 9 months ago IST
New Delhi [India], August 22: The maritime business involves significant risk to the cargo and vessel, given the unpredictability of the waters. Hence, most marine businesses opt for marine cargo insurance to minimise losses.
Read More
Protecting cargo and ships: Why marine insurance matters
Updated : 11 months, 1 week ago IST
New Delhi [India], June 13: The shipping industry is the backbone of global trade, ensuring that goods move efficiently across borders. Every year, trillions of dollars' worth of cargo travel via sea routes. However, this industry comes with significant risks--natural disasters, piracy, carg
Read More
5 Essential Tips For Filing a Marine Insurance Claim
Updated : 1 year ago IST
New Delhi [India], May 13: The shipping business is an uncertain place to be, as sea perils can occur at any time, causing significant cargo loss and property damage. Here is where the role of marine insurance begins, as it compensates the insured for the value of lost goods or property.
Read More